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Ramco Systems trades higher on the bourses

13 Jan 2015

Ramco Systems is currently trading at Rs. 444.00, up by 2.75 points or 0.62% from its previous closing of Rs. 441.25 on the BSE.

The scrip opened at Rs. 446.60 and has touched a high and low of Rs. 446.60 and Rs. 440.00 respectively. So far 12725 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 548.00 on 05-Dec-2014 and a 52 week low of Rs. 152.60 on 19-Feb-2014.

Last one week high and low of the scrip stood at Rs. 453.80 and Rs. 430.00 respectively. The current market cap of the company is Rs. 1071.44 crore.

The promoters holding in the company stood at 69.64% while Institutions and Non-Institutions held 6.32% and 24.05% respectively.

Ramco Systems has launched SMS based Employee Self Service (ESS). Designed and developed as part of Ramco’s Mobility offerings this new feature will help ESS users of Ramco HCM to apply leave, raise queries and perform transactions’ all via a text message. Organizations on the other hand can use this feature to send company-wide communication by SMS.

This feature has been rolled out at a US Fortune 10 company for its India operations having 16,000+ employees. Ramco ESS users will now be able to transact and raise standard inquiries without actually downloading the APP or connecting to the Internet.

With the SMS based ESS feature, Ramco aims at addressing the needs of organizations with heavily distributed workforce or highly secure workplaces (like BPO, Factories, R&D units) which restrict use of smart phones within office premises.

Ramco Systems is a leading software company focused on consulting, product and managed services business. The company focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments.



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SEBI Registered: Investment Adviser - INA000013323